Tax Return

Income Tax Warning to Salaried Taxpayers: 11 things every Taxpayer should be careful about!

A few days back (on April 16, 2018) Income Tax Department issued cautionary advisory to Salaried Taxpayers about under-reporting of…

July 16, 2019

Income Tax Return 2019: Which ITR Form to use for AY 2019-20?

The income tax return (ITR) forms for AY 2019-20 (FY 2018-19) were notified on April 9, 2019 by CBDT . In…

July 13, 2019

How to Claim Tax Exemptions while filing ITR?

There are times when some salaried tax payers are not able to claim tax exemption as they were not able…

July 2, 2019

What does Intimation U/S 143(1) of Income Tax Act mean?

One of my friends called me in a worrying voice telling me he had received an email from Income tax…

June 26, 2019

How to fill Details of Income from Salary in ITR Form

Step by Step Instructions (with screenshots) on how to fill Details of Income from Salary in ITR Forms using revised…

June 19, 2019

9 Key changes in Income Tax Return (ITR) Forms for AY 2019-20

The good thing is most part of ITR Form for AY 2019-20 is similar to last year, only with increased…

June 13, 2019

Filing ITR for Senior Citizen with Pension & Fixed Deposit

Step by Step instructions (with screenshots) to file income tax return using ITR-1 for Pension and Fixed Deposit Income for…

June 12, 2019

Do we need to file income tax return if the income is less than Rs 5 Lakh?

I have received some queries asking, “Is it compulsory to file income tax return (ITR) if the income is less…

May 21, 2019

Income Tax Slab for AY 2020-21

Learn about the latest Income Tax Slab for AY 2020-21 (FY 2019-20) which determines the tax you pay. Also has…

May 13, 2019

ITR Forms are Released but Do not Hurry to File your Income Tax Return

This year the income tax return (ITR) Forms have been notified and released on April 9th. However we suggest you…

April 20, 2019
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